MagnusTradingGroup

complex consolidation, timing & targets

BITFINEX:BTCUSD   Bitcoin / Dollar
Depending on what side of the triangle (bottom / top)
the price is closer to while approaching the 0.764 fib-time,
you can start scaling into the respective trade.

Make sure not to buy into a potentially premature breakout at point (E).

Targets are based on projections of the widest distance within the triangle, down / up from the apex.
For the up-target the absolute value is used, for the down-target the % value.

If you have any questions feel free to leave a comment bellow.
We near take off?
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NICE CHART
+1 Reply
That's cool ...
+1 Reply
It is possible yes, but only if my own scenario is falsified this week :D

Short term pullback with BitLicense news
+1 Reply
What can I say...
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nice chart bru
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higher high and lower low. There can be only one direction it's heading to!
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*higher low :)
+1 Reply
beamer MagnusTradingGroup
oh yeah my bad lol
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